April 22 - A 126-day hostage crisis at the residence of the Japanese ambassador in Lima, Peru ends after government commandos storm and capture the building rescuing 71 hostages. One hostage dies of a heart attack, two soldiers are killed from rebel fire and all 14 rebels were slain.

June - Iraq disarmament crisis: Iraqi military escorts on board an UNSCOM helicopter try to physically prevent the UNSCOM pilot from flying the helicopter in the direction of its planned destination, threatening the safety of the aircraft and their crews.

June 7 - A computer user known as "_eci" published his Microsoft C source code on a Windows 95 and Windows NT exploit, which would later become WinNuke. The source code gets wide distribution across the internet, and Microsoft is forced to release a security patch.

September 13 - Iraq disarmament crisis: An Iraqi military officer attacks an UNSCOM weapons inspector on board an UNSCOM helicopter while the inspector was attempting to take photographs of unauthorized movement of Iraqi vehicles inside a site designated for inspection.

September 25 - Iraq disarmament crisis: UNSCOM inspector Dr. Diane Seaman catches several Iraqi men sneaking out the back door of an inspection site with log books for the creation of prohibited bacteria and chemicals.

November 24 - Following a 554.26 point drop in the Dow Jones Industrial Average (DJIA), officials at the New York Stock Exchange for the first time invoke the "circuit breaker" rule to stop trading (this was a very controversial move and prompted a quick change in the rule; trading stops will only occur when the DJIA drops at least 10 or 20 percent).